175.02
Housing finance agency created - mission.

(A)
There is hereby created the Ohio housing
finance agency, a body corporate and politic, performing essential governmental
functions of the state. The mission of the agency includes but is not limited
to assisting with the financing, refinancing, production, development, and
preservation of safe, decent, and affordable housing for occupancy by low- and
moderate-income persons; provision of rental assistance and housing services
for low- and moderate income persons; allocating all state and federal funds in
accordance with applicable state and federal laws, including Section 42 of the
Internal Revenue Code; and promoting community development, economic stability,
and growth within Ohio. To accomplish this mission, the agency shall work with
persons eligible for its programs, nonprofit organizations and for-profit
housing development entities, public entities, and lending institutions. The
agency may review conformity with its programs and monitor a recipient's use of
funds it provides to assure compliance.

(B)
It is hereby declared to be the public
purpose of this state to improve and promote the public health, safety,
convenience, welfare, and prosperity of the people of the state by the
production and preservation of housing in accordance with applicable state and
federal laws.